Are vacation condo HOA dues treated like operating expenses (depreciation, utilities, etc.) or like interest and taxes under the tax court method?

[MichaelL1 · Accepted solution]

There are an expense of the rental and I list them under Professional Management fees.

The interest and taxes use the tax court method because those items could end up on the Sch E (rental) or the Sch A (itemized deduction) where the other expense, do not have that option, as they are a rental expense or nothing else on the return.

[hosken]

Okay, so it's normal to allocate a very large percentage of essentially a fixed cost to rental portion...just seemed like a lot. thx!